More and more companies are modernizing their contract management systems as they scale up, not only to reduce costs and increase efficiency but also for a clear overview of all business contracts and the data they provide.
An automated contracting system must be fast and efficient as well as providing a simple way to manage complex approval workflows for different teams in order for a business to grow.
One of the challenges of scaling your business is to find the right balance in your workflow. The benefits of a scale-up contracting strategy include reducing costs and maximizing the value of your contracts. Precisely’s range of scalable features ensures the correct handling of data while increasing collaboration across all departments.
Precisely’s contract management solution streamlines all of your contract processes from beginning to end. As your company grows, you need to be able to efficiently create and manage contracts that are compliant and secure. The all-in-one platform gives you the opportunity to build and deploy a streamlined workflow that grows with your business.
Scaleups are focused on growth, and Precisely helps you to build a scalable contract process with solutions that can be tailored depending on your company’s size and needs. With software that gives you data visualization and statistical analysis, all parties involved in contract negotiations can see changes and track the timeline until signature. Precisely also provides metadata for analytics, smart notifications and automated archiving functions. Whether large or small, your business will increase efficiency with easy-to-use functionality for everyone involved.
With Precisely’s contract management platform, your contracts and documents will be stored in a state-of-the-art SAS70 Type II, SSAE 16 facility. This is crucial for secure contract management with centralized storage. You can enhance your security even further with Precisely’s contract management platform by setting roles and permissions for users to decide who is allowed to edit or view documents.
To learn more about Precisely’s secure encryption, backups and internal access, take a look at our security features.